mr clark

Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

many of us who watch these markets closely bought the crash, i was pounding the table to all who listened to buy in March...

now im telling them to sell, as most of the plays we found value in are now 2,3 500%+ higher and not looking so cheap anymore, p/e, p/s, p/book for many stocks are very high now and the financials... hell they dont even have to report an honest balance sheet, many are borrowing at no interest and some like AIG and FNM are not even paying interest on certain obligations, so no reason to take on risk with those...

the only thing to continue to speculate on is energy, one of the few sectors where there is still somewhat steady consumer spending... if dollar goes where it should (down), if oil can break 75 and nat gas can put in some kind of bottom, this mkt will be worth trading higher... otherwise protect the gains you should have made off this great rally!

Is Bank of America Poised for a Major Move Up?

when people start talking about insolvent companies being poised to break upward... the stock market has finally crossed the threshold to fantasy land...

Bernanke Is Right: 'Transparency' Is Important

a complex argument to what can be viewed quite simply, based on mark to market, the banks are insolvent, based on mark to model (looking out 2,3,5 years) the banks are insolvent... why? because they bet to0 heavily on real estate, which is no where near bottom based on economic indicators

the banks are insolvent, and are keeping credit from the rest of the economy

why is the fed so quick to throw 100's of billions at AIG, C, BAC, etc with very little accountability, yet getting any $$ directly invested in other economic sectors is like pulling teeth?

answer, bankers own the fed

BofA: How to Spend $50B to Lose $170B

housing here in California still relatively high in light of job losses, retail crash, etc.. commmercial real estate no where near bottom imo

what happens to BAC if housing drops another 30%...what is the mark to market then?

in a "u made ur bed, now sleep in it" world, they are bk soon... they can only survive with govt $$ maybe we all should get to borrow to make up for our poor decisions?

Latest Bank Leverage Stats - Some Still High

adding "goodwill" in a companies valuation always creates more risk